GBPUSD Threatens June High
Prepared by Jamie Saettele, CMT
The GBPUSD is nearing its June high (from the 7th). A look at intraday pattern reveals an impulsive decline from 15601 and 3 wave advance from 15403 (albeit a nearly 100% retracement). A final visit to 15400 is suggested before the next bull leg towards 15730. Remember, 15600 is also reinforced by the 20 day average.
LEVELS: 15400 15450 15510 15600 15650 15730
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